JPR 6.90% 2.7¢ jupiter energy limited

I see where JPR has issued a placement prospectus late today....

  1. 234 Posts.
    lightbulb Created with Sketch. 11
    I see where JPR has issued a placement prospectus late today. The offer is for 4c per share with a 1c option. 100m shares to raise $4m with majority going to aquire oil and gas projects in Kazakhstan with some working capital.

    What is this likely to do for the share price in the short to medium term?
 
watchlist Created with Sketch. Add JPR (ASX) to my watchlist
(20min delay)
Last
2.7¢
Change
-0.002(6.90%)
Mkt cap ! $34.41M
Open High Low Value Volume
2.7¢ 2.7¢ 2.7¢ $2.435K 90.17K

Buyers (Bids)

No. Vol. Price($)
1 100000 2.5¢
 

Sellers (Offers)

Price($) Vol. No.
2.7¢ 290383 1
View Market Depth
Last trade - 14.29pm 30/09/2024 (20 minute delay) ?
JPR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.